For years, we were hearing companies push to get investors into ESG investments and talk about the benefits of investing in environmentally sustainable companies. Now the industry is abandoning this idea. Paul, Evan, and Ira explain how the industry has pushed investors into these kinds of trends for decades and why no one should be surprised when investment philosophies that don’t acknowledge basic investing principles eventually fail and fall away. Later in the show, Paul talks about shifting your investments based on the future vs. market efficiency.
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